🚀 Exciting news for Solana enthusiasts! Sonic SVM is launching a groundbreaking token airdrop for users of Solayer who delegate to Sonic's Actively Validated Service (AVS). This first-of-its-kind initiative rewards early supporters, including Adrastea participants, with a share of Sonic's upcoming token supply.
🔗 Solayer, a decentralized cloud infrastructure on Solana, enhances staking and scalability, securing the network while boosting performance. With over $360 million in Total Value Locked, Solayer plays a crucial role in Solana's restaking ecosystem.
Join the conversation! How do you think this airdrop will impact Solana's growth? Share your thoughts below! 💬
🚨 $COW SIGNAL ALERT: Momentum Building – Prepare for the Next Move! 🚨
COW is currently trading at $0.5419, surging by 26.20% after a powerful rally from $0.3600 to a high of $0.5700. The price is testing critical resistance, signaling potential for a breakout or retracement.
💡 Trade Setup:
Long Entry: Above $0.5700, targets are $0.6000, $0.6300, and $0.6500, with a stop loss at $0.5300.
Short Entry: Below $0.5300, targets are $0.5000, $0.4700, and $0.4500, with a stop loss at $0.5600.
⚠️ Risk Management: With volatility high, ensure tight stop-losses and position sizes suited to your risk tolerance. Watch for strong volume before making your move.
#COW #Binance #TradingTips #Share1BNBDaily #Write2Earn
{spot}(COWUSDT)
Binance has announced that it will delist several spot trading pairs as part of its regular market reviews to maintain high-quality trading environments. The delistings, effective December 2024, include pairs such as GFT/USDT, IRIS/BTC, and WTC/BTC. Key reasons cited include low trading volume, liquidity issues, and compliance with evolving standards. Users have been advised to adjust their holdings and trading strategies accordingly, as these changes will impact services like Spot Trading Bots, Margin Trading, and Futures.
The move follows Binance’s broader restructuring efforts, including discontinuing BUSD support and adapting to regulatory developments. For the full list of delisted pairs and deadlines, refer to Binance’s official announcements.
As XRP rallied to $5, investors made $1 billion
XRP investors made roughly $1 billion on Wednesday after its 20% surge.
Options traders see XRP hitting $5
XRP might reach $5 if it violates a flag channel's upper barrier.
XRP rallied Wednesday as it sought to test a crucial flag channel's upper threshold. Investors made roughly $800 million after the price climb, while options traders gambled on the remittance-based cryptocurrency reaching $5.
As investors take profits, XRP options indicate bullish momentum.
Since Ripple got clearance to launch its RLUSD stablecoin on Tuesday, XRP has risen over 20%. Investors have earned roughly $800 million since the slide below $2. This tendency of strong profit-taking after large price increases might halt XRP's bullish momentum.
XRP's weekly active addresses have also decreased, from 496K last week to 341K on Wednesday. This indicates XRP's declining on-chain activity and investor interest.
Amberdata reports that the $5 call is the second-most traded XRP option, indicating that traders favor an upward advance, CoinDesk said.
The $5 options exchange call Deribit has the largest out-of-the-money call open interest at $1.25 million. Out-of-the-money calls have a strike price greater than the underlying asset's market price.
XRP bull flag suggests $4.75 surge
After consolidating for days, XRP is displaying a bull flag.
A strong price surge, called the flagpole, is followed by a flag-like consolidation before a breakout.
If XRP maintains strong volume above the flag channel's upper barrier, the surge may continue with a maximum profit goal at $4.75. To make such a move, it must overcome psychological opposition approaching $3.00.
Relative Strength Index and Stochastic Oscillator momentum indicators are above neutral and rising, suggesting optimistic enthusiasm.
A daily candlestick closure below $1.35 will disprove the argument and drive XRP below $0.93.
#RLUSDApprovalBoostXRP #MarketCorrection #XRP #BuyTheDipOrWait $XRP
🚀 $ELF /USDT Breaks Out with a 24.47% Surge..
The $ELF token has soared to $0.6125, marking an impressive 24.47% increase in the last 24 hours. With a high of $0.6167 and a low of $0.4918, the coin has shown strong bullish momentum, breaking through key resistance levels. The massive spike in volume (24.68M ELF) signals heightened interest from buyers, positioning ELF as one of the top gainers in the market today.
This explosive move follows a breakout from the $0.5377 support zone, pushing the price into uncharted territory. Traders should watch closely for a sustained move above $0.6167, which could propel $ELF toward $0.6500 in the near term. However, a pullback to $0.5900 could present a re-entry opportunity for those looking to ride the next wave of this bullish rally. Manage your trades wisely as volatility heats up.
$SOL
The price has been consolidating within a descending channel, which is usually a bullish pattern if an upside breakout is confirmed. The next resistance levels could be the previous swing highs around $250–$265. It depends on how price reacts near the trendline, either breakout above the channel or rejection that sends the price back downward. If the price is rejected at the descending channel’s upper boundary, a move back down toward the lower boundary of the channel (near $210–$215) is likely.
the price is struggling to flip the 100-day moving average on the 4H timeframe. For another bullish leg up, the price needs to break out above the channel, flip the 100-day moving average, and hold it successfully as support.
#SolanaUSTD
$XRP /USDT Technical Analysis & Trade Signals 🎯
{spot}(XRPUSDT)
Current Price: $2.4038
Trend: Slightly bearish in the short term, with potential for recovery on key support levels.
Key Levels:
Resistance Levels: $2.45, $2.50, $2.55
Support Levels: $2.35, $2.30, $2.25
Trade Momentum:
1. Short-Term (15m - 1h):
XRP is showing minor pullbacks. If $2.35 holds, expect a rebound toward $2.45.
Momentum: Neutral with slight bearish pressure.
2. Medium-Term (4h):
XRP is testing the $2.35 support. A breakout above $2.45 could trigger bullish momentum.
Momentum: Consolidation with potential bullish breakout.
3. Long-Term (1D):
XRP remains above $2.30, a key support zone. The upward trend is intact if the price closes above $2.50.
Momentum: Cautiously bullish.
Trade Signals:
1. Buy Zone: $2.35 - $2.40
Stop Loss: $2.30
2. Targets:
🎯 Target 1: $2.45 (Short-term resistance)
🎯 Target 2: $2.50 (Strong resistance level)
🎯 Target 3: $2.55 (Major breakout level)
3. Sell Zone: Below $2.30, targeting $2.25 for bearish momentum.
Strategy Tip: Watch for strong trading volume at breakout points for confirmation. Maintain risk management with tight stop-losses.
#USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K
💰░B░I░G░ ░B░R░E░A░K░I░N░G░💰
🚨 600M $GMT Tokens Burn Initiative: Join the Revolution and Earn Rewards! 🚨
The $GMT DAO is rewriting the rules with a bold initiative to burn 600 million GMT tokens worth $100M! This groundbreaking move showcases a strong commitment to sustainability, transparency, and value creation for the community.
💡 Why This Matters:
Scarcity Drives Value: Burning tokens reduces supply, potentially increasing their worth.
Community-Driven: The power is in your hands—vote and shape GMT’s future.
Earn Rewards: A massive 100M GMT reward pool awaits active participants.
🔑 How to Get Involved:
1. Lock your GMT tokens on burngmt.com.
2. Vote during the 60-day period to decide the token’s future.
3. Earn exclusive ‘Make GMT Great Again’ NFTs and a share of the rewards!
🌟 What’s at Stake:
The burn mechanism removes early advisor and investor allocations, aligning the ecosystem with long-term growth. The result? A leaner, healthier token economy that benefits all stakeholders.
This is your chance to influence the future of GMT. Don’t miss this revolutionary opportunity—act now and secure your place in crypto history!
#BURNGMT #GMT❤️ $GMT
{spot}(GMTUSDT)
Cardano is back with 10% growth
After falling from the highs after the 2018 bull run, the price consolidated and triggered a gigantic bull run much before the other tokens in the market in Q1 2021. Interestingly, the token marked its peak in August 2021 above $3, followed by a huge bear market much before the market was triggered. Currently, the price is repeating the previous pattern and if the same outcome materializes, then the ADA price may rise close to a double-digit figure.
The monthly chart of Cardano suggests the token is revving a previous pattern. The price is stuck within a range after a notable rise, similar to what occurred in Q4 2020, which triggered over 1700% rise after a breakout. The supertrend has flipped to bullish again after January 2021 and RSI has also marched a rise to the overbought zone for the first time after the previous bull run. However, the dropped volume could be a matter of concern; if the ADA price managed to hold the support, then the token could validate a strong bull run.
This move may enable the third-generation token Cardano to achieve the 100B market capitalization, which could push the price close to $10.
#MarketMajorComeback #ADABullish $ADA
Lympid unveils a partnership with Truflation
#Lympid partners with #Truflation , an economic data aggregator that delivers independent, unbiased and real-time data for on-chain and off-chain sources. Through this partnership, Truflation's real-time decentralized inflation data will be combined with Lympid's asset tokenization platform designed to address purchasing power erosion and improve #RWA performance metrics.
Lympid is an RWA platform that offers tokenized RWAs such as Art, luxury watches, jumping horses, real estate, and US treasuries. The project is backed by 1inch, Chainlink Build and Fintech House.
👉 x.com/lympid_official/status/1866882505401348108
⚡️ @Fuel_Network $FUEL will conduct its token sales on @Legiondotcc and @Impossiblefi $IDIA
Fuel Network has announced its upcoming token sales on Legion and Impossible Finance on December 12th and December 17th respectively. Participation applications on Legion will open on December 12th, at 14:00 UTC. In turn, Impossible Finance will launch the staking period for token sale on December 13th and last till December 18th, 10:00 UTC. Fuel is an operating system purpose-built for Ethereum rollups, backed by @Blockchaincap, @Stratos_Network, @Coinfund_io, @TheSpartanGroup, @Fenbushi, and others.
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